Sui just hit a major institutional milestone—21Shares has launched a 2x Long Sui ETF (ticker: TXXS) on NASDAQ. What makes this particularly notable? It's rare for a crypto asset to debut its first US-listed vehicle as a leveraged product. Most digital assets get spot exposure first, then move into derivatives. Sui's path is different. This launch signals growing confidence from traditional finance gatekeepers and reflects the broader shift toward treating major blockchain networks as institutional-grade assets. The availability of leveraged positions means traders can now amplify their Sui exposure through a regulated, conventional financial structure—another sign that crypto infrastructure is maturing.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
7
Repost
Share
Comment
0/400
PermabullPete
· 5h ago
Use 2x leverage directly? This is betting that Sui can hold up. It's a bit crazy, but I like it.
View OriginalReply0
LiquidatedAgain
· 5h ago
Another 2x leverage? Truly daring... The previous batch of all-in positions are probably still dreaming of their liquidation prices. Institutionalization is institutionalization, but don't forget that the knives used by institutions to cut leeks are also sharpened with leverage.
View OriginalReply0
TokenToaster
· 5h ago
ngl this time SUI is directly leveraged to jump in, and those traditional finance folks are finally starting to take it seriously.
View OriginalReply0
RugpullTherapist
· 5h ago
ngl, this move is a bit outrageous, going straight with 2x leverage for the debut? To traditional finance folks, it really seems like they're quite optimistic about SUI.
View OriginalReply0
OnchainHolmes
· 5h ago
Wow, 2x leverage directly on NASDAQ? This approach is indeed wild, skipping spot trading and going straight into derivatives... Big institutions really have high hopes for Sui.
View OriginalReply0
NotFinancialAdvice
· 5h ago
Nah Sui skips spot trading and goes straight to 2x leverage. This move is a bit aggressive.
View OriginalReply0
CryptoGoldmine
· 5h ago
Interestingly, Sui directly invests in 2x leveraged ETFs instead of spot. From an ROI perspective, this is indeed a strong signal — traditional finance is starting to treat it as a systemic asset. However, the risks of leveraged products need to be managed well; computing power yield ratio is the key to long-term returns.
Sui just hit a major institutional milestone—21Shares has launched a 2x Long Sui ETF (ticker: TXXS) on NASDAQ. What makes this particularly notable? It's rare for a crypto asset to debut its first US-listed vehicle as a leveraged product. Most digital assets get spot exposure first, then move into derivatives. Sui's path is different. This launch signals growing confidence from traditional finance gatekeepers and reflects the broader shift toward treating major blockchain networks as institutional-grade assets. The availability of leveraged positions means traders can now amplify their Sui exposure through a regulated, conventional financial structure—another sign that crypto infrastructure is maturing.